About Rivera New Development Range Road 32 & Township Road 251a
An exceptionally rare opportunity to acquire approximately 40 acres in Springbank with an approved
redesignation and Conceptual Scheme in place for a full estate community build-out. Welcome to
RIVERA. Situated in Central Springbank approximately 20 minutes to downtown Calgary, under 5 minutes
to the future Costco at Bingham Crossing, and within a 15 minute radius of many of Calgary and area's
most respected private and public schools, this community has been masterfully planned and carried
through a multi-year entitlement process by a full professional consultant team. The approved plan creates
seventeen (17) estate lots of approximately 2 acres each, sixteen (16) of which form this offering, served
by a new internal municipal road and a dedicated stormwater facility. Piped potable water capacity has
been confirmed by the North Springbank Water Co-op with water unit commitments secured, and the
complete technical file is done: geotechnical, environmental, traffic, Level IV wastewater, stormwater and
water supply, with no wetlands, no abandoned wells and no identified development constraints. Both
existing residences are tenanted, providing holding income through final engineering and subdivision
endorsement. This opportunity fits the developer stepping into an approved plan, the builder seeking a
controlled lot pipeline, or the buyer group who wants to choose their neighbours and build a private
enclave. Under Springbank's planning framework, very few properties will ever offer this designation with
water commitments secured. One of the final Springbank acreage projects of its kind: build your legacy
here. Sold en-bloc. All figures and measurements are approximate. Price excludes GST.
